6.21 Morning Thought Analysis and Operational Suggestions


Thought analysis and forecast: The Bitcoin 30-minute level continues to oscillate upward, after yesterday early morning retraced near 62315 and then continued to rebound, subsequently breaking above 64000, reaching a high of around 64370, currently trading sideways near 64200, indicating strong short-term bullish support, but upward resistance is also beginning to appear. The altcoin is moving in sync, rebounding from around 1678, with a high of about 1749, currently trading near 1736, showing a more elastic overall trend compared to Bitcoin. From a news perspective, the market is mainly driven by continuous net inflows of ETF funds, increased expectations for Ethereum ETF, rising expectations of rate cuts, improved global liquidity, and a rebound in U.S. tech stocks, leading to a clear warming of risk appetite. On the capital side, active buying at low levels and increased volume during the rebound phase indicate that bulls still have the desire to continue attacking. In the short term, if Bitcoin can hold above 64000, there is still a chance to push towards 65000; if it faces resistance after rising, it may first retrace to confirm support. The overall outlook remains oscillating with a bias toward bullish, with pullbacks still being the main opportunity.
Operational suggestions: Buy on dips around 62500-63000 for Bitcoin, targeting 65000 and 66000. Buy on dips around 1680-1700 for altcoins, targeting 1770 and 1800. $BTC $ETH
BTC0.88%
ETH0.50%
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BlueSevenCommunity
· 3h ago
Buy the dip 😎
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